HomeInsuranceQts

Home Insurance in Idaho

Homes in Idaho carry a median value of $418,600.

The typical home in Idaho was built around 1991. About 17% of homes were built before 1960. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

In Idaho, the housing stock is 77% single-family homes, 9% apartments in buildings with 5+ units and 7% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

62% of owner-occupied homes in Idaho carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

The vacancy rate is 10%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 72% of occupied homes in Idaho are owner-occupied.

Most homes in Idaho - 52% - are primarily heated with natural gas. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.

The statewide average premium for a standard HO-3 homeowners policy in Idaho is $1,135 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$418,600
Median year built1991
Owner-occupied share72%
Share of owner-occupied homes with a mortgage62%
Home insurance premium$1,135 - statewide average (NAIC, 2023 data)

Counties

Sources